The government warned Wal-Mart to stay out of the e-commerce biz, so it’s doing some house cleaning. However, there are some complications.
As long as Android remains “free and open” and Motorola’s patents are not licensed improperly, the deal is good to go.
The Supreme People’s Court issued a Judicial Interpretation yesterday on litigation brought under the 2008 Anti-Monopoly Law. I don’t have a copy yet, so I might have more to say later on. In the meantime, here are some highlights: The top court has reduced the burden of proof for a plaintiff in a civil lawsuit [...]
Don’t expect anything dramatic. I’m still keeping my eye on competition law and pricing issues.
Impressed with NDRC’s negotiations with the telecoms over broadband speed/fees? Apparently you ain’t seen nothin’ yet.
New debate over the tension between the State-owned sector and China’s increasingly-aggressive enforcement of competition law.
I promise this will be my last anti-monopoly law rant of the year. Well, probably.
SOEs may be here to stay, but the interplay between government referees, consumers and public sector champions could mean a new regulatory approach is in the offing.
As I’ve said before, the failed bid of Huiyuan by Coca-Cola in 2008, the only outright rejection by China’s Ministry of Commerce of an M&A deal on competition law grounds, appears to have faded into legend as an example of protectionism, even though there was never any proof of that. Indeed, the numbers since then [...]
Nie Linhai, deputy commercial counselor of the ministry’s Department of Electronic Commerce and Informatization, said the ministry “suspect Taobao Mall may have held a monopoly”, the report said. Anyone into competition law might realize that the quote makes no sense. What’s actually going on here is that the e-commerce giant is being accused of abusing its [...]
MOFCOM has now publicly acknowledged VIEs for the first time. Foreign investors may wish to dust off their contingency plans, just in case.
Diageo increases its stake in liquor brand Shuijingfang, a rare acquisition of a famous China listed company by a foreign investor.
The Guardian rewrites history. I remember the Coca-Cola Huiyuan deal differently, but maybe that’s just me.
Anecdotal evidence is a tricky thing. Just because China and the US have rejected a few acquisitions doesn’t mean that an M&A Cold War has started. Perhaps someone should tell Reuters.
Four Chinese producers of Vitamin C have been accused of price fixing in the US. Their excuse? Beijing made me do it.
Delays happen for a variety of reasons. Unfounded speculation about China’s political motives at this point are simply inflammatory and premature.
China’s new national security review process for foreign acquisitions of Chinese companies kicks in next month. Let’s not panic just yet.
Worried about price gouging and speculation? Some good old fashioned litigation might just help.
Did China just admit to using the Anti-monopoly Law against foreign companies, or is this another manufactured story about Chinese unfair competition?
James McGregor says that China’s aggressive industrial policy is a reality that should be addressed by a comprehensive solution from the United States. I wish, but I have no faith in Washington’s ability to make it happen.